January 26, 2015 - Brevard Business News
Transcription
January 26, 2015 - Brevard Business News
BBN Vol. 33 No. 4 January 26, 2015 $1.00 Brevard Business News A Weekly Space Coast Business Magazine with Publishing Roots in America since 1839 Henderson Southeast looks to grow portfolio in commercial market By Ken Datzman BBN photo — Adrienne B. Roth Henderson Southeast Corp. at the Airport Corporate Center in Melbourne is looking to grow its 650,000–square–foot commercial real–estate portfolio in 2015 as the market continues to improve. The company’s portfolio includes office and industrial properties. From left: Michael Ullian, vice president of Henderson Southeast and founder of Ullian Realty Corp.; Realtor Sandra Smith, property manager for Henderson Southeast; Andrew Evans, Ullian Realty sales associate; Megan Taylor, property assistant, Henderson Southeast; and Julie Tabele, Ullian Realty assistant. solid the entire year across all aspects of our operation — commercial, industrial, leasing, and selling — which is very encouraging going into 2015.” Brevard County’s population is back on a growth track. The county is projected to See Henderson Southeast Corp., page 19 PRESORTED STANDARD US POSTAGE PAID BREVARD BUSINESS NEWS, INC. 32904 As the economy moves toward stronger growth, the giant commercial real–estate industry, which has been steadily strengthening over the last year, looks poised to make perhaps its most solid advance in years. The favorable supply–demand balance in 2015 of leasable space in many areas of the nation, driven by new job growth, is stoking commercial real–estate investors’ appetites. According to the recent Society of Industrial and Office Realtors’ Commercial Real Estate Index, the CREI increased 9.7 points, moving from 98.6 to 108.3, putting it over what is considered a “balanced market” at 100 points. It was the first time this has happened since the third quarter of 2007, right before the real–estate downturn. The SIOR Index measures 10 variables pertinent to the performance of the U.S. office and industrial market. These include rent, leasing activity, and construction activity. The volume of broker transactions at the community level has been increasing in markets of all sizes, with continued leasing and sales progress in commercial sectors such as office, industrial, and retail. Land sales are improving, too, and more new construction projects are in the works in communities, as developers seem to have better access to capital and investors warm up to these niche ventures. A stronger commercial real–estate market in general is a good indicator of a recovering and expanding economy. And local commercial real–estate brokers are seeing the turnaround firsthand as they work with clients at a more up–tempo pace than in the last couple of years. “In 2014, we had an active year,” said broker Michael Ullian, vice president of operations for Henderson Southeast Corp. in Melbourne, which specializes in the leasing and sales of commercial and industrial properties, and also has a property–management arm. “In the past, we had a lot of starts and stops. The activity would pick up only to slow down. In 2014, business was pretty BREVARD BUSINESS NEWS BBN Palm Bay Police Department names Mark Renkens interim chief and Jim Rogers as its deputy chief PALM BAY — With the recent retirement of Palm Bay Police Chief Doug Muldoon, the Palm Bay Police Department recently announced interim command staff appointments of two longtime members of the agency. Deputy Chief Mark Renkens now serves as interim chief and Capt. Jim Rogers serves as deputy chief. The two combined have more than 50 years of professional law– enforcement experience within the City of Palm Bay and Brevard County. Renkens is a 25–year law–enforcement professional who began his career with Palm Bay in November 1989. Before joining the Palm Bay Police Department, he served in the U.S. Marine Corps for four years. In his most recent duty as deputy chief of the Palm Bay Police Department, he was assigned as the Uniform Services Division commander, which includes the Communications Center. Renkens has a master’s degree in administration of justice and security from the University of Phoenix and is a graduate of the FBI National Academy. He is also a graduate of the Senior Management Institute of Police and FBI’s Executive Development Program. Renkens has served the agency in a variety of disciplines to include field training officer, honor guard member, SWAT team member, and detective. He was promoted to sergeant in 2000 and served as a patrol supervisor, special operations supervisor, and traffic unit supervisor. In 2007, he was promoted to lieutenant and served as the code enforcement manager and patrol watch commander. In 2010, he was promoted to captain and served as the District 2 commander and support services commander. He was promoted to deputy chief in September of 2013 and appointed interim chief in January 2015. Rogers began his career with the Palm Bay Police Department in October 1987. He is being promoted from his most recent assignment within the Uniform Services Division where he served as captain managing District 1. During his tenure with the department, he was a 15–year member of the SWAT team. Rogers has served in Patrol, Criminal Investigations, Professional Standards, Youth Services, and the Communication Center before being promoted to investigations commander and district captain. He is a graduate of the FBI National Academy and the Southern Police Institute. He has a bachelor’s degree in criminal justice administration and a master’s degree in political science. Author Tim Dorsey to appear at B&N Barnes & Noble at 1955 W. New Haven Ave. in West Melbourne will host a book signing and discussion by “The New York Times” best–selling author Tim Dorsey at 7 p.m. on Tuesday, Feb. 3. Dorsey is introducing his new fictional book, “Shark Skin Suite: A Novel.” For more information about this public event, which is free of charge, call 726–8817. Florida has always been my home, let us make it yours.... Classic Wood new ad emailed Michael gainey Interiors enhance photo FULL COLOR new ad emailed FULL COLOR michaelgaineysignaturedesigns.com 321-50 1-7203 Michael Gainey Signature DESIGNS BREVARD BUSINESS NEWS / 2 Call Adrienne Roth at 321-951-7777 for Advertising Information JANUARY 26, 2015 BREVARD BUSINESS NEWS BBN MADD celebrates 35th anniversary by announcing its new president; rolls out tagline, ‘No More Victims’ DALLAS — Thirty–five years after a grieving mother started one of the most influential and effective grassroots movements in history, Mothers Against Drunk Driving (MADD) has announced its new national president, Colleen Sheehey–Church. She is the first victim of “drugged driving” to serve as the organization’s president, effective immediately. Sheehey–Church joined MADD in 2005, a year after her 18–year–old son, Dustin, drowned after the car he was riding in, driven by a teen with alcohol and drugs in her system, crashed into a river, trapping Dustin in the vehicle. “No one ever dreams about becoming MADD’s national president, because it means that you have suffered the most unimaginable pain of a death or injury due to the preventable crime of drunk or drugged driving,” says Sheehey–Church. “I was drowning in grief after I lost my son, until I called MADD. I only wished I had called sooner. I’m honored and humbled to represent the victims we couldn’t save, stand alongside those we have and advocate to keep innocent lives safe on our nation’s roadways.” With approval by MADD’s national board of directors, MADD has formally added “drugged driving” to its mission statement, which now reads: “MADD’s mission is to end drunk driving, help fight ‘drugged driving’, support the victims of these violent crimes and prevent underage drinking.” “Expanding the mission to include the fight against drugged driving is the right thing to do and the 35th anniversary is the right time to do it. It’s a growing problem and MADD can give drugged driving victims a voice and support law enforcement efforts to get drugged drivers off the roads,” said Bill Windsor, chairman of MADD’s national board of directors. “MADD has long provided free services to drugged driving victims and will continue to do so.” MADD’s 35th anniversary marks the launch of a new national tagline, “No More Victims,” the first tagline used by the organization. It describes the highest calling of MADD and applies to all of its mission prongs. “What drives our passionate and compassionate volunteers and staff is creating a future of no more victims, from drunk driving, drugged driving and underage drinking consequences. That’s why we were founded in 1980; it’s why we exist today; and it will be our legacy,” said Sheehey–Church. Before joining MADD, Sheehey–Church worked as a senior sales and training consultant for more than 35 years, serving as director at several companies including GP Strategies, Allen Communications, FranklinCovey and AT&T. She holds a bachelor’s degree in business manage- Brevard Federated Republican Women to meet Feb. 4 The Brevard Federated Republican Women will host its monthly luncheon meeting at 11 a.m. on Wednesday, Feb. 4, at the Holiday Inn on North Wickhman Road in Melbourne. The reservation deadline is Friday, Jan. 30. To make a reservation to attend the luncheon, call 727–1212 or visit www.BrevardFederatedRepublicanWomen.org. The guest speaker will be Casi Knowles, clinical coordinator of the Devereux Delta Program. Knowles will talk about “human trafficking.” All Republican women and men are invited to attend the event. 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Sheehey–Church resides in Madison, Conn., with her husband, Skip. Their son, Casey, lives in New Hampshire. This year also signals the launch of MADD’s national strategic plan, a five–year agenda outlining seven goals, including reaching and serving more victims, accelerating progress on the “Campaign to Eliminate Drunk Driving,” and seeing a 25 percent decrease in drunken–driving fatalities. In 2013, drunken–driving deaths again topped 10,000. “While drugged driving must be fought, drunk driving can be stopped. And MADD’s Campaign to Eliminate Drunk Driving’ will do just that,” said Debbie Weir, MADD’s chief executive officer. “Drunk driving is an urgent, relevant issue as it remains the number–one traffic–safety threat on the nation’s roadways. But not forever. The end is in sight; it’s within our reach. We can end drunk driving in our lifetime.” Visit MADD’s new website at MADD.org for more information. Visit BrevardBusinessNews.com for Advertising Information 930 S. Harbor City Blvd. | Suite 400 | Melbourne, FL 32901 Phone: 321-729-8065 | Toll Free: 855-729-6615 benjaminfedwards.com 2014-0110 Exp. 1/31/2017 Member SIPC BREVARD BUSINESS NEWS / 3 BBN BREVARD BUSINESS NEWS Take the opportunities of travel to always learn about something new in life By Vu Tran UCF Forum columnist I love to travel because it is always a wonderful, life– changing experience — whether embarking on a road trip or flying overseas to a foreign country. No matter where you go, you will likely meet new people and learn something new, which is always my goal. Over the recent holiday break, I traveled to Sweden for the first time, where I visited several historic landmarks and learned about the country’s past Viking culture. I may be biased because of my career aspirations to become a bioarchaeologist, but I believe that understanding the past can help us move forward in the future. History has a way of repeating itself, so it is our duty to learn and educate others about significant events in order to prevent unfortunate occurrences from happening again and to promote a better world. Traveling can transform you into a more worldly and well–rounded individual, but only if you approach it with BBN Brevard Business News 4300 Fortune Place, Suite D West Melbourne, FL 32904 (321) 951–7777 fax (321) 951–4444 BrevardBusinessNews.com PUBLISHER Adrienne B. Roth EDITOR Ken Datzman SPECIAL PROJECTS EDITOR Bill Roth Brevard Business News is published every Monday by Brevard Business News Inc. Bulk Rate postage is paid at Melbourne, FL and Cocoa, FL. This publication serves business executives in Brevard County. It reports on news, trends and ideas of interest to industry, trade, agribusiness, finance, health care, high technology, education and commerce. Letters to the Editor must include the writer’s signature and printed or typed name, full address and telephone number. Brevard Business News reserves the right to edit all letters. Send your letters to: Editor, Brevard Business News, 4300 Fortune Place, Suite D, West Melbourne, FL, 32904, or email [email protected]. Subscription Rates for home or office mail delivery are $26.00 for one year (52 issues). Send all address changes to: Circulation Department, Brevard Business News, 4300 Fortune Place, Suite D, West Melbourne, FL, 32904, or email [email protected]. BREVARD BUSINESS NEWS / 4 an open mind and heart. You never know what you may find, who you will meet, or what you will learn about yourself. I love eating traditional, local dishes rather than choosing more familiar options, and urge you to do the same while traveling. Food is a great way to meet people and foster new friendships. For example, during my first visit back to Da Nang, Vietnam (my hometown), I would regularly eat at a small café right outside my grandparents’ home. To be specific, this café consisted of plastic furniture and a portable oven that the owner used to prepare and heat up soup. Every day, this young man would ride his bike to this spot with his portable oven and work hard to make a living, regardless of the weather. He would always talk to my family, making us laugh while casually enticing us to return for his soup. I recall that he was very kind and really loved his children. He was not there during my second trip, but I still remember how welcoming he made me feel, and I still think about — and want — his delicious soup on a regular basis. Even shopping for souvenirs can lead you to explore and understand the local atmosphere. One of my favorite places to buy jewelry is in the Pass–a–Grille community of St. Petersburg Beach, where many of the vendors sell beautiful handcrafted necklaces and charms, and you may stumble upon some esoteric shop in a back alley. I also have a pair of leather sandals, perfectly crafted for my feet by Melissinos Art, the Poet Sandal Maker of Athens, Greece, where you can learn about the craft and the region. One of the most important lessons I have learned from my travels is to respect everyone I meet. Every individual has his or her own unique story to share, and you may never know what hardships someone had to overcome. And remember: You do not have to travel far to have a great adventure. Vu Tran is an anthropology graduate student in UCF’s College of Sciences and a recipient of the UCF Order of Pegasus for academic achievement. She can be reached at [email protected]. Final phase of BP oil–spill trial underway in New Orleans; various environmental groups speak out about the disaster The third and final phase of the BP oil–spill civil trial is underway in New Orleans. This concluding portion of the trial will determine how much BP will be required to pay in Clean Water Act fines for its role in the 2010 Gulf oil disaster. National and local conservation organizations committed to Mississippi River Delta and Gulf Coast restoration — the Environmental Defense Fund, National Wildlife Federation, National Audubon Society and the Lake Pontchartrain Basin Foundation — issued the following statement in advance of the proceedings: “Nearly five years after the oil disaster, the people and wildlife of the Gulf Coast still wait for justice. For 87 days, BP dumped more than 200 million gallons of oil into our Gulf, contaminating our marshes and beaches and jeopardizing wildlife ranging from brown pelicans to sperm whales. But the oil giant has yet to take full responsibility. BP has dragged out litigation in the courts, challenging every decision only to have each decision against them confirmed by higher courts. “Despite claims that it would ‘make it right’ in the Gulf, BP has, for the past five years, waged a public relations war focused on blaming everyone else and denying sound scientific research showing ongoing impacts from the oil disaster. The effects of the oil spill are far from over and may not be fully known for years, or even decades, to come.” Now the court has the “opportunity and responsibility to make it right, to hold BP fully accountable for the damage done to the Gulf and to assign the maximum penalty to BP for its gross negligence. The outcome from this decision must send a clear and powerful signal to every other operator in the Gulf: deep–sea drilling is risky business, and they must protect their employees, our communities and our ecosystems. BP chose not to do that, so they deserve to pay the maximum fines allowed by law.” Through the RESTORE Act of 2012, Congress paved the way for the Gulf’s recovery by ensuring that 80 percent of the Clean Water Act fines BP will pay will be reinvested into Gulf Coast restoration. “But that restoration can’t begin until this case is resolved and the legal wrangling ends — and BP remains the principle barrier to much–needed funding going to vital restoration projects. Holding BP fully accountable for the 2010 Gulf oil disaster is the fair and right thing to do for the Gulf’s ecosystems and economies. We are hoping, after five long years, that justice is close. The Gulf has waited long enough.” Hospice of St. Francis program reaches out to teens in region North Star, a child–grief support program of Hospice of St. Francis, is reaching out to teens in South Brevard County. The Teen Group is open to youngsters 13 to 18 years old who have “experienced a significant death.” People are invited to share their personal experiences with grief, ask questions of the group, and provide support for the other participants. The program has a series of guidelines, including a commitment to protecting confidentiality and providing a safe and open environment for sharing. A group meeting will be held from 6 to 7 p.m. on Thursday, Jan. 29 at the Hospice of St. Francis office, 4875 N. Wickham Road, Suite 104, in Melbourne. For more details about future meetings, contact Brooke Davis, the North Star Program coordinator, at 264–1687. Call Adrienne Roth at 321-951-7777 for Advertising Information JANUARY 26, 2015 BREVARD BUSINESS NEWS BBN American Gaming Association grows its board membership, continues the push for industry unification WASHINGTON — The American Gaming Association has announced the addition of six board members and three general members as a part of a new membership structure approved by the AGA Board of Directors in late 2014. The AGA is seeking to unify the gaming industry and is doing so through a policy of inclusivity and transparency. The new organizational structure and board–member additions are the latest in a series of “prominent changes” under the leadership of board of directors and Geoff Freeman, the president and chief executive officer. “The gaming industry is strongest when it works together,” said Jim Murren, chairman and CEO of MGM Resorts International and chairman of the AGA. “The AGA will be best positioned to advance our collective interests through inclusivity, transparency and a focus on issues of common cause. I am confident that the AGA and our industry are moving in the right direction.” “Our goal is to elevate the AGA’s ability to advocate for the entire gaming industry — in Washington, in the media and in communities across America,” said Freeman. “In 2014, we established key building blocks in this effort, including strengthening our staff, increasing our advocacy on the value of the casino gaming industry and modernizing our membership structure. Today’s announcement of nine additional members — with more on the way — shows that our new direction is resonating with the industry.” The AGA’s new structure includes a “seat at the table” for licensed and regulated casino gaming operators — commercial and tribal — and suppliers that comply with the AGA’s Member Code of Conduct and meet requisite dues requirements. In addition, industry allies, such as financial service providers, non–gaming suppliers and destination marketing organizations, have an opportunity to actively participate in the new AGA. The six new board members are: CG Technology, Greenwood Racing Inc., Konami Gaming Inc., Las Vegas Convention and Visitors Authority (LVCVA), Seminole Hard Rock Gaming, and William Hill. The new general members of the association include Ainsworth Game Technology, Electronic Transaction Systems, and FinScan. New board members: l Seminole Hard Rock Gaming is recognized as one of the most innovative and profitable gaming organizations in the world today, with casinos in multiple U.S. states, the Caribbean and Asia. Its website address is http:// www.seminolehardrock.com. l CG Technology is an innovative gaming technology– solutions provider for lottery, gaming, race and sports wagering worldwide. Its web address is http:// www.cgtglobal.com. l Konami Gaming Inc., is a leading designer and manufacturer of slot machines and casino–management systems for the global–gaming market. For more details, visit https://www.gaming.konami.com/corporate/ home.aspx. l Las Vegas Convention and Visitors Authority’s mission is to attract visitors by promoting Las Vegas as the world’s “most desirable destination for leisure and business travel.” Its website address is http:// www.lvcva.com. JANUARY 26, 2015 l William Hill is one of the world’s leading betting and gaming companies, employing more than 17,000 people worldwide. For more information about this business, visit http://www.williamhill.us. l Greenwood Racing is headquartered at Parx Casino in Bensalem, Pa., and was recently awarded the second license in the city of Philadelphia. Greenwood Racing also holds a stake in a number of horse tracks in the U.S., including Freehold Raceway in New Jersey. The company’s website address is https://www.parxcasino.com. New general members: l Ainsworth Game Technology is a premier manufacturer of global gaming products “committed to a culture of quality, innovation and excellence.” For more information about this firm, visit http://www.ainsworth.com.au. l Electronic Transaction Systems is a recognized leader in the merchant processing and ATM driving fields, supporting merchants across North America and Europe. Its website address is https://www.etsms.com. l FinScan helps financial–services organizations worldwide meet the requirements of international government–regulatory agencies by providing the “most advanced sanctions list” and PEP, or “politically exposed persons,” compliance solutions available. For more information about the company, visit http:// www.finscan.com. The AGA represents the $240 billion U.S casino industry, which supports 1.7 million jobs in 40 states. AGA members include commercial and tribal casino operators, suppliers, and other entities affiliated with the industry. Feeney elected to Space Foundation board; Weldon named honorary Life Director COCOA BEACH — The board of directors of the Space Foundation recently elected former Florida Congressman Tom Feeney, president and chief executive officer of Associated Industries of Florida, to a three–year term as a member of the board. Feeney joins the Space Foundation board as another Floridian, former Congressman Dr. David Weldon, retires after two terms of service. Feeney represented Florida’s 24th Congressional District in Congress from 2002 to 2008. He had previously served in the Florida House of Representatives from 1990 to 2002, and was Speaker of the House from 2000–2002. Weldon represented Florida’s 15th Congressional District from 1994 to 2008. The 2015 Annual Meeting of the Space Foundation board of directors took place in Cocoa Beach. During the meeting, Weldon was elected to the honorary position of Life Director. Officers continuing in service are: l Lon Levin, chairman, co–founder of XM Satellite Radio, and president of SkySevenVentures. l James Ellis Jr., retired U.S. Navy admiral, vice chairman and former commander of the U.S. Strategic Command. He is also the former president and chief executive officer of the Institute of Nuclear Power Operations and an Annenberg Distinguished Visiting Fellow, among being affiliated with other institutions. l Dr. Kathryn Thornton, secretary, University of Virginia professor, and former NASA astronaut. l Anita Antenucci, treasurer, senior managing director of Houlihan Lokey. l Patricia Grace Smith, executive committee member–at–large, former associate administrator, Federal Aviation Administration; and principal, Patti Grace Smith Consulting, LLC. Elected to second terms on the board of directors: l Richard Ambrose, executive vice president, Lockheed Martin Space Systems Co. l Robert “Bud” Cramer, managing director, C2Group/FTI Consulting. l Lynn Dugle, president, Raytheon Intelligence and Information Systems. l John Elbon, vice president and general manager, The Boeing Co., Space Exploration. l P.J. O’Rourke, author and political satirist. Returning board members are: l Dr. Wanda Austin, president and chief executive officer, The Aerospace Corp. l Michael Gass, former president and chief executive officer, United Launch Alliance. l Jeffrey Grant, sector vice president and general manager, Space Systems, Northrop Grumman Aerospace Systems. l James Maser, president, James G. Advisors, LLC. l Dr. Fritz Merkle, member of the executive board, OHB System AG. l Kay Sears, president, Intelsat General. l Dr. Ronald Sega, director, Systems Engineering Programs, Colorado State University. “We thank all of our board members for their hard work and commitment to our mission,” said Elliot Pulham, Space Foundation board member and chief executive officer. For more information about the organization, visit www.SpaceFoundation.org. Jim Kennedy to make presentation on NASA’s future Jim Kennedy, a former Kennedy Space Center director, will present “The Future of NASA and Why You Should Care” at 2 p.m. on Saturday, Feb. 28, in the Community Room of the Cocoa Beach Public Library. NASA’s role in space exploration has seen a lot of changes in recent years. Kennedy will take a look at current plans for NASA’s near–term future, including the termination of the space–shuttle program and the extension of the International Space Station to the year 2020. He’ll also examine how commercial crew and cargo programs will affect NASA’s plans, and how NASA will be able to reignite the fervor for manned space missions into the future. Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 5 BBN BREVARD BUSINESS NEWS ABI Surfside Commercial new ad emailed Lending Workspaces that Wonders new Work ad emailed Business Banking Made Easy Bill W. 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Interior Design 1380 N Courtenay Parkway Merritt Island www.fidelitybankofflorida.com .BSLFUJOHt'JOBODFt5SBOTQPSUBUJPO-PHJTUJDT .BOBHFNFOUt*OUFSOBUJPOBM#VTJOFTT FULL COLOR )VNBO3FTPVSDF.BOBHFNFOU Furniture abinteriors.com 9L*VUÄN\YH[PVU KEISER UNIVERSITY 888.960.5760 KeiserUniversity.edu Associate I Bachelor’s I Master’s I Doctoral Degree programs and delivery format vary by campus BREVARD BUSINESS NEWS / 6 Call Adrienne Roth at 321-951-7777 for Advertising Information JANUARY 26, 2015 BREVARD BUSINESS NEWS BBN Holy Trinity Episcopal Academy in Melbourne names Bailey track and field coach, moves up for assistant Marc Bailey has accepted the position of head track and field coach at Holy Trinity Episcopal Academy in Melbourne. Bailey has more than 10 years experience in the coaching ranks and has been the assistant track and field coach at the school since 2012. Before joining the Holy Trinity staff, he was the head track and field coach at Merritt Island High School, where Bailey was named “Space Coach Conference Coach of the Year.” He is a graduate of the University of Georgia, with a bachelor’s degree in history. While competing in track at the University of Georgia, Bailey was named to the Division 1 All–American team and currently holds the school’s long–jump record. In 1996, Bailey qualified for the Olympic trials and was a finalist in the long jump. During his career at Holy Trinity, the boys’ team has won two consecutive state track and field titles and a girls’ state title. “I am looking forward to helping Holy Trinity’s athletes reach their full potential in track and field events, and am committed to carrying on the legacy of excellence with this program,” he said. During the last two years, the Florida High School Athletic Association has ranked Holy Trinity’s overall Athletic Department in the top 10 throughout the state, when compared to similar size schools, and recently awarded it “Athletic Program of the Year.” Holy Trinity’s student athletes rank third in the Overall Academic Team Champions for Class 3A throughout the state. “I am excited that Coach Bailey has accepted the position of head track and field coach,” said Scott Crockett, Holy Trinity Episcopal Academy’s athletic director. “By being associated with the team since 2012, he truly understands the magnitude of the job and the level of excellence the Holy Trinity Track and Field team operates under. He brings a tremendous amount of experience and knowledge to the team, and we are lucky to have him in this capacity.” Founded in 1957, Holy Trinity Episcopal Academy was built on a “tradition of strong academic and spiritual programs that focus on developing the whole child.” Holy Trinity is fully accredited and a “recognized leader in Brevard education for students from pre–kindergarten through grade 12.” More information is available at www.HTAcademy.org. ‘Music on a Sunday Afternoon: Robert Rowlette & Friends’ set The Cocoa Beach Public Library will present “Music on a Sunday Afternoon: Robert Rowlette & Friends” at 2 p.m. on Feb. 22 in the Community Room. “Lively and talented” keyboard player Robert Rowlette is “back to walk his fingers through the genres, covering styles from doo–wop to jazz, and playing it all with flair.” Certified General Contractors new ad emailed FULL COLOR Barbara wall pick Barbara C. Wallup BBN 1/12/15 Prudential Sterling Properties page 15 FULL COLOR President | Broker/Owner 2000 Highway A1A, Indian Harbour Beach, FL 32937 Direct 321-308-0335 | Cell 321-749-2444 | Fax 321-768-2891 [email protected] | www.BarbaraWall.com An independently owned and operated member of BRER Affiliates Inc. Not Affiliated with Prudential. Prudential marks used under license. JANUARY 26, 2015 Medical & EMT RivertreeBuildersSupplies Medical EMT Supplies new ad& emaziled Uniforms Shoes Accessories Melbourne Shopping Center 1387 S. Babcock Steet FULL COLOR 676-0000 Visit BrevardBusinessNews.com for Advertising Information Uniform mart pick up BBN Barry Richardson - General Contractor Complete Residential 1/05/15 Remodeling Construction Services page 7 321.254.9145 FULL COLOR www.rivertreebuilders.com BREVARD BUSINESS NEWS / 7 BBN BREVARD BUSINESS NEWS Eye Institute pick up BBN 11/17/14 page 14 FULL COLOR Kiwi Tennis new ad emailed Sunday, May 3 - Sunday, May 10, 2015 The 10th Annual Revolution Technologies Pro Tennis Classic at Kiwi Tennis Club is a Har-Tru USTA Pro Circuit Wild Card Challenge — a three-tournament series wherein the American who wins the highest number of WTA/ATP points will earn a Main Draw Wild Card into the 2015 French Open… FULL COLOR Sponsorships and VIP Packages Available Extensive Media & On-Site Brand Campaign Call Ms. Kelly Camirand for details 321.544.8076 30 Tradewinds Drive • Indian Harbour Beach, Florida 32937 (321) 773-2116 • www.kiwitennisclub.com N GE Sherrif Jim nt badge ic v eghenxmo Volk pick up BBN 1/19/15 page 12 -X Motors , US A BREVARD BUSINESS NEWS / 8 Call Adrienne Roth at 321-951-7777 for Advertising Information rs ile ob s a l e s c o n5s1u56 m• (3 ) 693 .co M le to 4 01 ©2 FULL COLOR lt a FULL COLOR 21 JANUARY 26, 2015 BREVARD BUSINESS NEWS BBN CareerSource Brevard to host award–winning trainer Mandy Bass at Jan. 29 workshop for area businesses CareerSource Brevard, the area’s leading authority on work–force development, will host award–winning speaker and trainer Mandy Bass of Business Systems for a seminar titled “How to Grow a Successful Sustainable Advisory Practice” from 8:30 a.m. to 12 p.m. on Jan. 29. The program, offered free of charge to the community, will be held at CareerSource Brevard’s office a 295 Barnes Blvd. in Rockledge. The session is a workshop for consultants, coaches, attorneys, financial advisers, real–estate professionals, certified public accountants, insurance agents, professional speakers, trainers and small–business owners who market their time or talent. The workshop “will provide the tools needed to more easily market and position businesses for success in 2015.” The program is part of an ongoing series of business– learning events focused on bringing value and education to area employers. The “take–aways” will include how to save money through proper positioning and branding; how to answer the most frequently asked questions in a way that turn casual acquaintances into referral sources; the seven natural phases of the marketing process; and marketing tactics that are right for each business. Bass is an international speaker with five published books, 22 original audio programs and scores of television and radio show appearances to her credit. Her customized group programs blend her “innovative success–coaching skills” with her expertise as an “outstanding” speaker, strategist and trainer. “We are very excited to bring Ms. Bass back to the Space Coast for this workshop,” said Erica Lemp, the community resources coordinator for CareerSource Brevard. “The new year is the perfect time to take ourselves and our businesses from where we are to where we want to be, and this session is a great way to do that. This is just another way we bring value to the business community in Brevard County.” Register at AdvisoryPractice.EventBrite.com or [email protected]. For more details on the programs and services of CareerSource Brevard, go to CareerSourceBrevard.com. Pam Harrell attends summit in Pittsburgh Pam Harrell, director of Relocation Services for National Realty of Brevard, was a recent attendee at the “AIReS Broker Network Summit.” AIReS is the “official relocation company” for Northrop Grumman. The summit, which is by invitation, was hosted at the historic Omni William Penn in Pittsburgh. At the three–day event, AIReS provided education, training and an inside look at the AIReS culture to their top real–estate brokerage partners. All attendees are in the “AIReS Circle of Excellence,” scoring 90 percent or higher for customer service to clients. Keiser University pick up BBN 1/19/15 page 5 FULL COLOR Fidelity bank one with male banker pick up BBN FULL COLOR Militano Construction pick up BBN 1/12/15 page 5 FULL COLOR Commercial Residential 321-779-9797 www.MilitanoConstruction.com JANUARY 26, 2015 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 9 BBN BREVARD BUSINESS NEWS Industry veteran James Camp of Eagle Asset Management sees opportunity ahead for municipal bond investors; sizing up impact of falling crude oil prices By Ken Datzman The $3.6 trillion U.S. municipal bond market dazzled investors in 2014, catching many by surprise with the strong performance. And some portfolio managers and analysts expect the rally to continue in 2015, as the demand increases for high–quality fixed–income assets. So don’t bail out of bonds anytime soon. They seem to have room to run, in what looks to be a year of rollercoaster volatility ahead in the financial markets. “We still love municipal bonds. We are bullish on municipals,” said James Camp, of Eagle Asset Management in Tampa, a wholly owned subsidiary of Raymond James Financial. “They had an incredible year in 2014, and the reasons for that include the lack of supply, which is actually net– negative for municipals, and the tax benefit, which is one of the only games in town left for high tax payers.” He added, “Demographically, there are 10,000 people a day retiring. So there is a lot of demand built up. And the tax advantages and evaluations of municipals are compelling.” Financial advisers see bonds as a key piece of an investment portfolio. Investors poured nearly $30 billion into municipal bond funds in 2014, reaping the tax benefits and returns. Camp, who has 25 years of investing experience as a portfolio manager and as an analyst, said Eagle Asset Management’s bond portfolios produced double–digit returns for the year, “surprising a lot of people.” Camp was in the local area and addressed a group of investors at a luncheon at Suntree Country Club in Melbourne, which was hosted by Peoples Financial Planning of Raymond James in Melbourne. Camp is the managing director of Eagle Fixed Income at Eagle Asset Management, a longstanding company that has $32 billion in assets under management. In addition to its bond portfolios, Eagle Asset Management has a variety of equity portfolios for institutional and individual investors designed to meet long–term goals. This year, investors in both stocks and bonds should brace for a new wave of market volatility, which has been tame for a few years. “Volatility has been very low for the last three years. It will be significantly higher in 2015. It’s already happening,” said Camp, who earned his bachelor’s degree in engineering science from Vanderbilt University and his MBA in finance from Emory University. He also holds the Chartered Financial Analyst designation. Camp joined Eagle Asset Management in 1997. He provides timely and insightful commentary to clients, advisors, and institutions through a variety of platforms. He talked about the spill–over effect of fast–falling crude oil prices on the investment landscape. Camp says the industry has “fallen victim to a massive buildup in supply, in the form of new technologies, new players, and BREVARD BUSINESS NEWS / 10 BBN photo — Adrienne B. Roth James Camp, center, is managing director of Fixed Income for Eagle Asset Management in Tampa, a wholly owned subsidiary of Raymond James Financial. He recently made a presentation, giving his financial outlook for 2015, at Suntree Country Club. Brent Peoples, left, and Mark Thompson are with Raymond James & Associates in Melbourne. newly known reserves, while at the same time the global economy is showing signs of serious weakness outside of America. So the demand for crude has dropped, and the size of the fall is significant and it is disruptive.” Falling oil prices aren’t just causing mortgage rates to go down, they’re also driving down home prices and pushing unemployment up in some areas, a new Trulia study finds. Historically, big oil–price drops have been associated with job losses and falling home prices in energy–producing regions in the U.S., such as Texas, Oklahoma, and Louisiana. “The drop in crude oil is helpful to the American consumer,” said Camp, “but that will be offset, in our opinion, by the job destruction that will happen in the oil patch.” Call Adrienne Roth at 321-951-7777 for Advertising Information Oil prices have plunged, dropping from more than $100 per barrel in July 2014 to around $45 a barrel, as of Jan. 12, the lowest since 2009. By comparison, oil prices dropped more than 50 percent in the first half of 1986, to around $12 a barrel, according to a report by the Brookings Institution in Washington, D.C. In analyzing year–over–year trends in oil prices, jobs, and home prices from 1980 to the present in the 100 largest markets, Trulia found that in oil–producing markets, home prices tend to follow oil prices, but with a lag. “If we stay at $50 a barrel or lower for a year or two, we are going to lose some of that employment momentum we have gained over the past years. It has taken this nation Please see Eagle Asset Management, page 15 JANUARY 26, 2015 BBN BREVARD BUSINESS NEWS Longtime area designer Michael Gainey mixes English, French, and other styles in creating unique looks for customers; a collector of art and antiques By Ken Datzman Michael Gainey, a fourth–generation Floridian, has honed his unique design style over a career that has spanned decades in the local residential market working with a wide range of clients. He has long favored the traditional look, which is prominently and tastefully showcased in his own home in the area. “People speak of traditional design in a very broad sense,” said Gainey, who runs Michael Gainey Signature Designs and teams with his son and designer Bryson Gainey at their studio in Historic Cocoa Village. “But traditional design, in my interpretation, is a mixing of French, English, Italian, and Asian styles. You may have more French pieces or more English pieces that make up the design scheme. In my own home, I love English pieces. Most of my pieces are antiques from England or at least from that region.” He added, jokingly, “With ‘Downton Abbey’ now a popular TV series on PBS’ Masterpiece, I think some of my pieces are back in style.” The British–period drama has a large audience in the U.S. market. It chronicles the lives of the Crawley family and their servants, beginning in the year leading up to World War I. Michael Gainey says even though his home has a “certain air of formality, it’s also causal and cozy.” His work has been published several times in “Florida Design” magazine, as well as on the cover of “Elle Décor,” the iconic home–fashion publication. He points to a wall area in his home decorated with black–and–white art, mainly street scenes from the 1800s and later. “I have been collecting these type of pieces for about 10 years,” he said. “I am really proud of the black–and–white sketches. I like an ‘acquired’ look, which they have. It takes time to collect the right work, especially art. This particular look can’t be reproduced.” He said he was first introduced to design as a youngster by his great aunt Grace, “who had a lovely home in Mobile, Ala., near Dolphin Island at the mouth of Mobile Bay, on the Gulf of Mexico. I used to go there in the summers. Her home was magnificent. I recall the gleaming floors and the beautiful white mantle. I really cherished my time there.” Those yearly trips to her home sparked his interest in the career he eventually chose, he said. “Ever since I was a child, I wanted to work in the design world. The experiences in Mobile helped shape some of the design style I use today. There is a nice mix of furnishings and accent pieces in my home that I call ‘Southern style,’ which reflects my Southern heritage.” Michael Gainey grew up in the Rockledge and Cocoa areas, and has lived in Melbourne since 1982. He brought his son into the full–service business and together they work on various projects at Michael Gainey Signature Designs at 218 Brevard Ave., Suite 254, in Cocoa Village. Their firm takes on projects of all sizes. It is even doing a “very detailed renovation” of the bathroom in the historic Belair Courtyard in Cocoa Village. The Belair Courtyard JANUARY 26, 2015 BBN photo — Adrienne B. Roth Michael Gainey’s home is a showcase of traditional furnishings and accessories, especially English pieces, many of which are antiques. He has been collecting art and antiques for years. He runs Michael Gainey Signature Designs with his son Bryson Gainey, who is also a designer. Their studio is in Historic Cocoa Village. houses a number of retail shops and businesses, including Café Margaux and Ulysses’ Prime Steakhouse. Michael Gainey says business is on the “upswing for his firm. It started with remodeling picking up about three years ago. A lot of people in the region are investing in upgrades to their home, which helps drive the decorating market.” The home–remodeling industry is expected to continue its path of moderate growth, according to the “Leading Indicator of Remodeling Activity” released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The LIRA projects growth in home–improvement spending to be around 3.1 percent through the second quarter of 2015. There is increasing activity going on in the design field, including new home projects. The American Society of Interior Designers’ latest “Interior Design Billings Index” Visit BrevardBusinessNews.com for Advertising Information reports inquiries for interior–design projects are at their highest in three years. The organization says billings and inquiries reported by industry members remained “on an upswing for the majority of 2014.” Both single– and multi–family residential billings have shown ongoing improvement throughout the past four quarters, with single–family billings pacing the gains. A few weeks ago, Zillow Digs unveiled its five most popular home–design trends for 2015. Their “Home Trend Forecast” includes data and input from a survey of design experts, and uses other analyses. In general, expect to see “a more sophisticated look in 2015” that incorporates “gold hardware, natural interiors, and a subtle mid–century modern undertone.” Please see Michael Gainey Signature Designs, page 17 BREVARD BUSINESS NEWS / 11 BBN BREVARD BUSINESS NEWS Northrop Grumman’s Rick Matthews set to address Palm Bay Chamber members Rotary Club pick up BBN 1/19/15 page 6 FULL COLOR Viera/Melbourne/Palm Bay FULL COLOR OFFSET PRINTING BLACK/WHITE & COLOR COPYING DIRECT MAIL CAMPAIGNS GRAPHIC DESIGN POSTCARDS & BUSINESS CARDS LETTERHEAD & ENVELOPES MAGNETS & NAME BADGES PROMOTIONAL PRODUCTS AND MUCH MORE! PIP pick up BBN 1/12/15 page 14 FULL COLOR Faith and Fitness new ad emailed FULL COLOR 321-951-4354 Authorized ShipCenter AUTHORIZED SHIPPING CENTER BREVARD BUSINESS NEWS / 12 [email protected] www.pipcandoit.com 1480 Palm Bay Rd. NE Palm Bay, FL 32905 Call Adrienne Roth at 321-951-7777 for Advertising Information Rick Matthews, vice president of operations at Northrop Grumman in Melbourne, will be the guest speaker for the Greater Palm Bay Chamber of Commerce’s membership luncheon meeting at 11:30 a.m. on Wednesday, Feb. 4, at Life Care Center of Palm Bay, off Malabar Road. The address is 175 Villa Nueva Ave. NE. The announcement was made by Victoria Northrup, the Greater Palm Bay Chamber president. Matthews is a graduate of Virginia Tech’s Pamplin College of Business and served 20 years in the U.S. Air Force. Northrop Grumman has been a pioneer in the development of manned aircraft. From fighter jets and stealth bombers to radar jammers, the company has been providing manned solutions to customers worldwide since the 1930s. “Our members are looking forward to hearing Mr. Matthews speak about the phenomenal growth his company has been experiencing in recent years and plans for their future,” said Northrup. Separately, at the Greater Palm Bay Chamber’s January luncheon, the Business of the Month Award, sponsored by Community Credit Union, was presented to Cities Expo Services for its community investment and contributions to local nonprofit organizations and charities. The Greater Palm Bay Chamber’s chairwoman, Tarilyn Fazekas, also awarded outgoing Palm Bay Police Chief Doug Muldoon with a special commemorative plaque for his 38 years of service to the city and his dedication to the business community. Muldoon retired this month and is pursuing a career in the private sector. The Ambassador Award for the fourth Quarter of 2014 was presented to Kimberly Schaefer from Florida Tech. Ambassador Chairwoman Olivia Gladnick of Glad Eyecare presented the award to her. The 2015 Palm Bay Chamber Trustees include Health First, Waste Management, Wellcare, Florida Power and Light Co., Intersil, Florida Tech, Peninsula Title and the City of Palm Bay. For more information about joining the Chamber or for reservations for the Feb. 4 luncheon, call 951–9998 or visit www.GreaterPalmBayChamber.com. ‘Mom–to–Mom Toy and Clothing Sale’ set Brevard County Parks and Recreation will host a “Mom–to–Mom Toy and Clothing Sale” from 8 a.m. to 12 p.m. on Saturday, March 7, at the Viera Regional Community Center. Vendors may obtain applications at the Viera Regional Community Center, 2300 Judge Fran Jamieson Way. Vendor spaces are $15.98 and include an eight–foot table, with all spaces located indoors. Payment for table space must be made by Friday, Feb. 28. All children must be accompanied by an adult. The event is free of charge to the public. All activities are conducted and supervised by Brevard County Parks and Recreation staff at the Viera Regional Community Center. For more information about this community event, call 433–4891. JANUARY 26, 2015 BBN BREVARD BUSINESS NEWS Cocoa Beach Regional Chamber’s annual community event set Feb. 6 The 30th annual “Chowder Cook–off with a Twist,” hosted by the Cocoa Beach Regional Chamber of Commerce’s Convention and Visitors Bureau, will be held on Friday, Feb. 6, in Port Canaveral’s Cruise Terminal 6, a new location this year. Those planning to attend this event can purchase tickets in advance and save $10 off the regular admission price ($20 per person in advance and $30 at the door for general admission; $40 per person in advance and $50 at the door for VIP entry). The VIP entrance will open at 5 p.m., a full hour before general admission. The event is open to the public and the CVB expects more than 1,200 people to attend. Tickets can be purchased at CocoaBeachChamber.com or VisitCocoaBeach.com and in person at the Cocoa Beach Regional Chamber of Commerce office, 400 Fortenberry Road on Merritt Island; the CVB’s Tourist Information Center, 8501 Astronaut Blvd. in Cape Canaveral; and CVB’s Exploration Tower Kiosk location and participating restaurants in the Port. This year’s “milestone event,” chaired by Rich Hensel of Fishlips Bar & Grill, will feature the “area’s best chefs and restaurants competing with one another to determine who has the “Best Chowder” and “Best Twist” on the Space Coast. The CVB is still accepting competitors, sponsors, silent– auction donations, tabletop vendors and volunteers for the event. Contact the CVB’s Tourist Information Center at 784–6444 or send an e–mail message to cvbinfo@ CocoaBeachChamber.com for available opportunities. The current participating sponsors include: Airboat Rides at Midway, The Avenue Viera, Brevard Zoo, Brightway Insurance, Canaveral Port Authority, City of Cocoa, City of Cocoa Beach, Discovery Beach Resort, Doubletree by Hilton, Fishlips Waterfront Bar & Grill, Merritt Square Mall, Rockledge Country Club, Ron Jon Surf Shop, Rusty’s Seafood and Oyster Bar, Space Coast Fun Guide, and Wild Ocean Seafood. Transforming Spaces Transforming Lives Our goal is to provide the homeowner Designers West with a custom, personalized home pick up BBN they will truly enjoy! 10/13/14 Custom Palette Choices page ? & Accessories FULL COLORFurniture Artwork & Sculptures Custom Drapery & Window Treatments Space Planning Selection of Finishes & Fixtures Cabinets & Millwork Selections Lighting & Electrical Designs Outdoor Living Area Selections Designers West Interiors specializes in complete custom residential interior design services. Humane Society annual fund–raiser Feb. 22 The Brevard Humane Society is inviting area businesses and rescue groups to take part in the organization’s ninth annual “Mardi Gras Paws in the Park” from 12 to 3 p.m. on Sunday, Feb. 22, at Riverfront Park in Historic Cocoa Village. The event is being held in conjunction with the Cocoa Village Mardi Gras. Sponsorship opportunities for Mardi Gras Paws in the Park are for individuals and businesses at all levels, from $50 to $1,000 and above. The primary sponsorship is “The Big Easy.” This event offers “extensive promotional opportunities” for business sponsors. All rescue groups in the region may participate at “no charge” (pending space availability). Vendors and rescue groups must supply their own tables, chairs, promotional materials, display racks and set–up staff. Mardi Gras Paws in the Park is presented free of charge and includes pet contests and other family oriented activities. For more information about the organization, call 636–3343 or visit www.BrevardHumaneSociety.com. JANUARY 26, 2015 321-255-2904 Liz Harris, Owner New Traditions Interiors Lic. #0001280 IB0000645 IB0000646 Visit BrevardBusinessNews.com for Advertising Information www.designerswestinteriors.com BREVARD BUSINESS NEWS / 13 BBN BREVARD BUSINESS NEWS Meridian Riverfront Reserve Your Luxury Riverfront Condominium Today! Hospice Kevin Hill pick up BBN 1/17/14 page 17 FULL COLOR New Construction Condominium On The Market!!! new ad emailed FULL COLOR Luxury direct riverfront condominiums near historic downtown Melbourne area. North tower now open for reservations. Preconstruction pricing starting at $339,900. Kevin R. Hill - Realtor 321-308-2270 800-330-4241 RE/MAX Alternative Realty, Inc. www.relocation-realestate.com www.meridianontheriver.com Please… take a chance.. 3 Fundraiser-car give away 3 2015 Hyundai Sonata 3 Amazing cause 3 To benefit children battling cancer 3 Find out how you can help 3 Contact us today Candlelighters pick up BBN 1/19/15 page 12 ...and FULL you may win a car. COLOR Proudd Spon Prou Sp Sponsor onsor — Brevard B revard ard Business B i News N All proceeds benefit children battling cancer in Brevard County. Our white, hot 2015 Hyundai Sonata has been generously donated by Brevard County Hyundai Dealers. The winner will be announced on February 7, 2015 at our 13th Annual Have-A-Heart Valentine’s Extravaganza. For more information ev on how you can make a difference, and how to get a car and/or event ticket, please contact us today! *Tickets for keys will be drawn by hand during the Valentine’s Extravaganza at the Eau Gallie Yacht Club, 100 Datura Dr., Indian Harbour Beach, FL 32937. This ticket is for the car drawing only. Tickets to the Valentine’s Extravaganza are sold separately. You do not need to be present to win. Must be 18 years of age or older with a valid Driver’s License. Winner is responsible for taxes, tag and license. No prize substitutions. No cash value. Odds of winning are determined by the number of tickets sold. No purchase or contribution is necessary. 321.728.5600 CandlelightersofBrevard.org 1875-A South Patrick Dr., Indian Harbour Beach, FL 32937 Candlelighters of Brevard is a 501(c)3 tax exempt, non-profit organization. All donations are tax deductible as allowed by law. ID# 59-3068501 — A copy of the official registration and financial information may be obtained from the Division of Consumer Services by calling 800-435-7352 within the State. Registration does not imply endorsement, approval or recommendation by the State. BREVARD BUSINESS NEWS / 14 Call Adrienne Roth at 321-951-7777 for Advertising Information JANUARY 26, 2015 BBN BREVARD BUSINESS NEWS Eagle Asset Management Continued from page 10 about six years to get back to neutral with job creation,” said Camp. The U.S. lost 6 million jobs starting with the downslide in 2008. Cheaper oil lowers the cost of driving, heating a home, and other activities, while boosting local economies outside oil–producing regions. In the Northeast and Midwest, especially, home prices tend to rise after oil prices fall, says the Trulia study. Meanwhile, Camp is forecasting returns on stocks in 2015 to be “no better than 8 or 9 percent, and potentially as low as 2 to 4 percent. I think it will be a marginally positive year because U.S. equities are one of the better plays.” His outlook for 2015 gross domestic product, the sum of all goods and services produced in America, is between 2 and 2.5 percent. “We are certainly growing better than anyone else in the world, which will continue to help the U.S. attract capital.” Camp sees interest rates “going nowhere, if not lower. Inflation is low and trending lower. The Fed may move short–term interest at some point in 2015, or it may not.” He said job growth in Florida is “decent.” Real estate in the Sunshine State is “actually above the national trend in terms of valuation. And Florida’s population is growing.” Camp said Pinellas County, the Tampa–St. Petersburg area, is experiencing a travel and tourism boom. “It’s off the charts, with records set almost every month.” Brent Peoples said the local economy feels like it’s improving, too. Peoples’ company has expanded from its office on North Harbor City Boulevard in Melbourne, with the recent opening of a second location in the area. The new office is at 5464 Village Drive in Viera. The phone number ias 338–1816. Peoples, who is marking his 20th year with Raymond James in Brevard County, has oversight for both offices. He’s a finance graduate of Miami University in Oxford, Ohio. Peoples also holds the Wealth Management Special- ist designation. “Things are definitely getting better. In the last year, you could feel an uplifting trend set in here. The restaurants are busier, the roadways are busier, the stores are busier. This is all very unscientific, but if you go out in the community, you see this activity. We often ask people in business how they are doing with their ventures. They used to say ‘OK.’ Now, they are more optimistic about the future. That’s great,” Peoples said. AVET Project founder Cone honored with DAR Distinguished Citizen Service Award PATRICK AIR FORCE BASE — Garren Cone, founder of the AVET Project, an all–volunteer nonprofit organization, was awarded the Distinguished Citizen Award by the local Commodore John Barry Chapter of the Daughters of the American Revolution. The local chapter is affiliated with the National Society of Daughters of the American Revolution. During the Jan. 10 monthly meeting of the Commodore John Barry Chapter, held at Grace Lutheran Church in Melbourne Beach, Cone was presented with a certificate and medal recognizing him as an “individual who fulfills the qualities of honor, service, courage, leadership, and patriotism, and who has contributed to the defense, security, and freedom of the community, state, or nation.” Cone humbly accepted the award, saying, “I accept this very special recognition from the Commodore John Barry Chapter of the DAR on behalf of everyone at the AVET Project. Were it not for all the volunteers that are a part of the AVET Project team, I would not be standing before you today.” Debbie Plaag, Regent of the Commodore John Barry Chapter of the DAR, added, “Our Distinguished Citizen Medal was established by the National Society of the Daughters of the American Revolution to recognize worthy citizens for extraordinary service in the defense, promotion and/or preservation of our American Heritage of Freedom, and we’re delighted to honor Garren in this way.” More information about the organization is available by visiting www.AVETProject.org, their Facebook page, or by phoning 373–7046. Information about the Commodore John Barry Chapter of the DAR is available at www.CommodoreJohnBarryDAR.com. Intercoastal Insurance or catholic Schools Melbourne Central Catholic High School January 26 9 AM - 2 PM Melbourne 321-727-0793 St. Joseph Catholic School January 25 9 AM - Noon January 27 9 AM - 2 PM Palm Bay 321-723-8866 JANUARY 26, 2015 pick up BBN Open House Week: January 25 - 30, 2015 1/19/15 Divine Mercy St. Mary’s Our Lady of Lourdes Ascension Our Saviour pageSchool 9 Catholic Catholic Academy Catholic School Catholic School Catholic School January 25 January 25 January 26 26 - 30 January 26 - 30 page 15 January 9 AM - Noon 9 AM - Noon 9 AM - 2 PM & 5 – 7 PM 9 AM - 2 PM 9 AM - 2 PM January 26 - 30 9 AM - 2 PM January 27 9 AM - 2 PM & 6 - 8 PM Merritt Island 321-452-0263 Rockledge 321-636-4208 Melbourne 321-723-3631 January 29 6 PM - 7:30 PM Cocoa Beach 321-783-2330 St. Teresa Catholic School January 26 - 30 9 AM - 2 PM Holy Name of Jesus Catholic School January 27 9 AM - 2 PM Titusville 321-267-1643 Indialantic 321-773-1630 Melbourne FULL COLOR321-254-1595 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 15 BBN BREVARD BUSINESS NEWS Florida Air pick up BBN 1/12/15 page 2 FULL COLOR NEW INFO FOR BOX EMAILED IN WORD DOC Enroll Now for Second Semester! Open House Saturday, February 7 at 9:30 am Enroll Now for Second Semester Open House Saturday, February 7 at 9:30 a.m. BREVARD BUSINESS NEWS / 16 Call Adrienne Roth at 321-951-7777 for Advertising Information JANUARY 26, 2015 BBN BREVARD BUSINESS NEWS Michael Gainey Signature Designs Continued from page 11 The top five trends are: l Gold fixtures: Reminiscent of the 1980s and early 1990s, this retro statement hardware color will make a comeback this year with a new twist: bright gold with a sleek finish for extra shine. “Gold fixtures are back, but I don’t think they are going to be a hot item in our area,” said Michael Gainey. “Design is directly correlated with the demographics of a community. You see these gold fixtures at design shows, but I don’t believe Brevard Countains are going to embrace them in a big way.” l Cowhide: It is the ideal accent texture for 2015’s modern, yet “approachable design aesthetic.” The survey respondents said elements of cowhide will find their way into pillows, rugs, throw blankets, and even artwork. Its neutral hue and natural texture make it the “perfect complement” for bolder statement pieces. “We recently installed two cowhide rugs for customers. Cowhide is big. Clients like it,” he said. l Wallpaper: From digital prints to textured wallcoverings, this trend is “primed” to take off in 2015. Expect to see a rise in available color and texture selections in home stores to accommodate the increased demand for patterned or textured accent walls. “We’re using reams and reams of wallpaper on various design projects. There was a time when we quit carrying wallpaper, but it’s back in a big way.” l Blue accent colors: Blue will be the most popular accent color and is the “perfect complement” to Marsala, the 2015 Pantone Color of the Year. “Pops of indigo blue or deep navy will become a staple in home design this year,” according to the survey. “Blue is big. We like the dark cobalt navy look. It’s popular in our area and it’s timeless,” said Michael Gainey. l Mid–century modern elements: They will weave their way into home décor — from architecture to furniture — and will be “one of the biggest up–and–coming” design styles for 2015. “It’s especially popular with younger clients. Bryson (Gainey) has a couple of clients who are using mid–century modern elements in their homes.” The company is looking to grow this year. “We think that 2015 is going to be a strong year for our firm,” said Michael Gainey. “Our client base is expanding. Our customers include single–family homeowners and condominium owners.” As the interview winds down, Michael Gainey moves to the living room in his home. He sits down at his finely tuned piano and strikes up a verse or two from “Phantom of the Opera.” “Playing the piano is very relaxing. I love piano music.” Junior League of Central and North Brevard accepting applications for scholarships MERRITT ISLAND — The nonprofit Junior League of Central and North Brevard is accepting applications for its 2015 Scholarship Program. Two $500 scholarships will be awarded, The Thomas Oliver Brown Memorial Scholarship and the Junior League of Central and North Brevard Scholarship. Each will recognize Central and North Brevard County students who demonstrate a commitment to voluntarism. Applicants must also be high–school students who have been accepted to attend an accredited two–year or four–year college or university in the U.S. full time. “The JLCNB enjoys awarding these scholarships every year,” said Ashley Hubbell, president of the JLCNB. “Voluntarism is a key pillar of our league’s mission, so it is always inspiring for us to see local students create positive change in their community through volunteering.” Completed applications, including all supporting documents, are due on Friday, March 13. Interested applicants can visit the JLCNB website at www.brevardjuniorleague.org for complete details and to download an application form. Award recipients will be honored during a May 2015 JLCNB dinner. The Junior League of Central and North Brevard has been serving Brevard County since 1967 and is a member of the Association of Junior Leagues International. The organization of women is “committed to promoting voluntarism, developing the potential of women and improving communities through the effective action and leadership of trained volunteers.” Most of is current efforts center on improving childhood–literacy rates in Brevard County. Construction with Integrity since 1981 BMS is a full-service construction company offering unique design/build, general contracting and construction management solutions for all facets of commercial and industrial facilities. Newton land Building Management new ad emailed new ad emailed Upgrades Are Our Standard Reality FULL COLOR FULL COLOR Model/Agent: (321) 241-4938 Developer: (321) 751-6850 NEW MODEL UNDERWAY! 1304 Alto Vista Drive Melbourne, FL 32940 Visit our current model at 1171 Italia Court, Melbourne, FL 32940 JANUARY 26, 2015 Conception 1675 S. John Rodes Blvd. West Melbourne, FL 32904 321-723-6938 Visit BrevardBusinessNews.com for Advertising Information www.bmsconstruct.com CGC020797 CGC019760 BREVARD BUSINESS NEWS / 17 BBN BREVARD BUSINESS NEWS MADISON SQUARE Visual Dynamics pick up BBN 1/19/15 Make a change page 16 this year… Apple designs their products to be powerful, capable, durable, and enjoyable to use. FULL COLOR Whether you’re switching from PC, or simply upgrading to a new Mac, let us help you clear off that desk for a fresh start. Be sure to ask about our financing offers. VISUAL DYNAMICS, INC. 2251 Town Center Avenue Suite 105 Viera, FL 32940 (321) 433-0607 694 Eau Gallie Blvd, Indian Harbour Beach, FL 32937 (321) 773-7788 Apple, the Apple logo, FaceTime, iPad, and iSight are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. 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Loans | Checking | Leasing | Treasury Management Secured entry suites with furniture Phone, internet & utilities Professional call handling Dedicated phone number and address Lobby with receptionist Fully equipped break room Conference room with video Mail box and shipping services Additional services upon request Enhance Your Professional Image Contact 321-301-4900 Convenient access to SR 528 Close to Port Canaveral and I95 www.madisonsquareofficesuites.com [email protected] © 2013 Regions Bank. Checking accounts subject to the terms and conditions of the Regions Deposit Agreement. All loans, lines and leases are subject to credit approval. Leasing solutions are provided through Regions Equipment Finance Corporation and De Lage Landen Financial Services, Inc. BREVARD BUSINESS NEWS / 18 Call Adrienne Roth at 321-951-7777 for Advertising Information 2405 N. Courtenay Parkway Merritt Island, FL 32953 Hours: 8:30 am - 5:00 pm Mon thru Friday JANUARY 26, 2015 BBN BREVARD BUSINESS NEWS Henderson Southeast Corp. Continued from page 1 have 558,489 residents around mid–year, up from 548,424 as of April 1, 2013, according to the University of Florida’s Bureau of Economic and Business Research. In 2020, Brevard is estimated to have 589,333 residents. From 2015 to 2020, the county will see a 5.5 percent increase in population versus 7.1 for Florida overall. Brevard is the Sunshine State’s 10th most–populated county. A growing population base is especially good for the real–estate industry, both residential and commercial segments. Ullian’s outlook for the commercial market this year sounds bullish. “We believe the momentum will carry over into 2015 and Brevard County will experience a fantastic year. We think we will actually start to see some price increases on properties and on leases.” The Urban Land Institute reports that the “sustained performance of the U.S. commercial real–estate industry is expected to continue in 2015, fueled by improving fundamentals and robust investor appetite.” The uplifting scenario is covered in “Emerging Trends in Real Estate 2015,” co–published in the U.S by PricewaterhouseCoopers. Unlike previous cycles, the industry is “experiencing sustained growth,” the report says. Henderson Southeast Corp. has a 650,000–square–foot portfolio of office and industrial properties in South Brevard. It currently has space available in two of its buildings and can design space for new tentants. The company is also marketing 11.4 acres on North Drive in Melbourne for a build–to–suit project. The land is site–plan approved and permitted for about 11,000 square feet. “It’s a well–positioned site. We expect to see some development interest on that site this year as land acquisitions in the region are picking up. Investors are buying land to construct buildings. We think that aspect will heat up this year as the rest of the market continues to improve,” Ullian said. A forecast by the Associated Builders and Contractors sees a steady and ongoing economic recovery for the U.S. commercial and industrial construction industries in 2015. The ABC has construction spending expanding by roughly 7.5 percent this year, with office space and manufacturing space two of the growth areas. Construction employers in the U.S. added 48,000 jobs in December and 290,000 for the year, the largest increase since 2005, as the sector’s unemployment rate fell to 8.3 percent, according to an analysis by the Associated General Contractors of America. “Commercial construction is back on the upswing in the county,” said Ullian. Recently, the Brevard County Commission voted to extend a moratorium on transportation impact fees on commercial and residential construction projects for two more years. The action should spark even more building activity in the region. More than 25 years ago, the Henderson Group Inc. of Philadelphia, an independent, full–service commercial real–estate company, turned to Brevard County for its first expansion opportunity outside its core market. JANUARY 26, 2015 After working its way through a number of economic cycles over the years, the company now feels that the time is right to pursue new growth. “As the market improves, the company wants to grow, including in Brevard County,” said Realtor Sandra Smith, property manager for Henderson Southeast Corp. “We are looking for opportunities to grow and expand our portfolio.” Together, the two portfolios, in Pennsylvania and Florida, contain millions of square feet of properties owned and managed by the company. The local office is housed at Airport Corporate Center on Penn Street, the first property Henderson developed in this market. The 25–acre wooded business park is close to Melbourne International Airport. The late Wilbur Henderson, a visionary businessman, guided the family firm as president and chief executive officer for decades until his death in 2013. Henderson built the company’s portfolio around an “airport–location strategy.” In the early 1950s, he began to assemble parcels of land for industrial and commercial real–estate development in Philadelphia and Delaware County in Pennsylvania. The real estate was located near the Philadelphia International Airport and close to major interstate highways. He used the development concept of flexible buildings, which are easily adaptive to the varying business needs of different tenants. “Mr. Henderson’s vision was to own property near or around a major airport,” said Ullian, who holds the Certified Commercial Investment Member, and the Society of Office and Industrial Realtors’ professional designations. “It’s a pretty simple formula and it has worked extremely well for the company. It goes back to the old real– estate adage, ‘location, location, location.’ In this case, businesses like to be close to an airport hub.” In recent years, that has proved especially true in the local market, with Embraer S.A. and Northrop Grumman Corp. both making substantial investments in new facilities within and around Melbourne International Airport. During the fourth quarter of 2014, Embraer unveiled its $24.2 million, 75,436–square–foot Engineering and Technology Center USA to the community. The company is expected to hire 200 employees by 2016 at an average salary of $70,000 per year, to include mechanical and electrical–systems engineers, interior–design engineers, structural engineers, and certification engineers. Northrop Grumman is also expanding its local presence and plans to invest roughly $500 million in new capital in a two–phase project at Melbourne International Airport. Dubbed “Project Magellan,” it could add 1,800 jobs at full– program capacity at an average annual salary of $100,000. “All of this activity at the airport is going to be a tremendous economic shot in the arm for South Brevard County,” said Ullian. “It’s going to take time before the ripple effect of consumer spending takes place in the community — such as the purchase of homes, eating in area restaurants, and so forth — but over the long term, it’s going to have a very positive impact on the local economy.” Now leading The Henderson Group as president and CEO is Brian Wilbur Coyle, a resident of Philadelphia. He Visit BrevardBusinessNews.com for Advertising Information earned his bachelor’s degree in business administration, with a concentration in economics, from Loyola University. Coyle also has a master’s degree in real estate from the Carey Business School of The Johns Hopkins University and holds the MAI designation from the Appraisal Institute. “We are as strong as ever with Brian as our new president and CEO, and the rest of the company has remained in place,” said Smith, adding that the company has established the Wilbur C. and Betty Lea Henderson Foundation. “The purpose of the foundation is to give back to the various communities in which Wilbur and Betty Lea had personal or business connections, which includes Brevard County,” she said. Both Ullian and Smith handle the leasing for Henderson Southeast Corp. Ullian was named broker and vice president of Henderson Southeast years ago. He also runs his own commercial real–estate firm in Brevard, Ullian Realty Corp. and holds a dual–brokerage license. Florida was one of the first states to issue a dual license. The two companies have separate staffs, dedicated phone lines and Internet, but share office space at the Airport Corporate Center. “The relationship has worked out really well,” said Ullian, who is marking his 30th year in the local commercial real–estate market in 2015, having started with Evans Butler Realty Inc. in Melbourne. “It just made sense for me to have a dual–brokerage license. Sandra runs the property–management side, and together we do the leasing of properties. The two companies are separate legally as they should be, but we share office space.” Ullian Realty specializes in office and industrial real– estate brokerage. The newest Henderson Southeast employee is property assistant Megan Taylor. “Megan is in the process of getting her licensure,” said Smith. “She’s young, eager, very capable, and very bright. We’re excited to have her join our team.” Licensed sales associate Andrew Evans works for Ullian Realty at the Airport Corporate Center. He’s involved in the leasing and sales of office and retail buildings. “Andrew is coming up on two and half years with the firm. He had a banner year in 2014 and is doing a fantastic job for the company,” said Ullian. The Ullian Realty office administrator is Julie Tabele, a licensed sales associate who holds the Real Property Administrator designation through Building Owners and Managers Association International. She has 10 years experience working for a large property–management company. “Julie is a huge asset for our team. We’re happy to have her working for Ullian Realty. She has wide knowledge of the commercial real–estate industry,” said Ullian. The Henderson Group and Henderson Southeast Corp. are positioning themselves for a year of portfolio expansion. “The company is aggressively looking to acquire new properties that will include build–to–suits, and sale– leasebacks (where one sells an asset and leases it back for the long term). We are bullish on growth prospects for 2015,” said Ullian. BREVARD BUSINESS NEWS / 19 HEALTH INSURANCE FOR INDIVIDUALS & FAMILIES Plans for Every Budget Simple Enrollment Process Gym Membership Included No Referrals Required The only thing you might know about health insurance, is that you need it. Health First Individual provides high quality health insurance for individuals and families with access to more than 1,100 providers. Easy Payment Options Expert Advisors Here to Help You Enrollment ends February 15 Please call us Monday – Friday, 9 am to 6 pm at 877.904.4914 or contact your insurance agent to discuss what options are right for you. Health First Health Plans & Insurance does not discriminate on the basis of race, color, national origin, disability, age, sex, gender identity, sexual orientation, or health status in the administration of the plan, including enrollment and benefit determinations. www.HFindividual.org
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